Microsoft has signed an agreement with Waves to tokenize industrial assets

Waves Enterprise has signed a five-year partnership with Microsoft Russia to work together on corporate blockchain solutions. The company Waves Enterprise, founded in July last year to offer services to corporations on private blockchains, announced that both parties want to apply blockchain to new solutions. Waves plans to use blockchain technology for the supply chain as well as tokenization of industrial assets. Krisitana Tikhonova, CEO of Microsoft Russia, said the partnership is pushing the country's business sector to master blockchain technology. Waves Enterprise announced the construction of various data analysis solutions based on Microsoft Azure. In April this year, the Russian Ministry of Communications officially recognized Waves as a potential technology provider for future government initiatives.